Monday, April 29, 2013

My Favourite Shape is a Triangle. Here's Why.

When I'm scanning for stocks, I'm always looking for a triangle pattern. I have found the breakouts to be the most explosive, with continuation in the direction of the break very likely. Today was a good day for the stocks on my watchlist. I'm gonna use today as an example of what I'm looking for. Check these charts out. They're beautiful. Sexy, even.